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Marketers Will Pay Naira for Dangote Fuel -IPMAN

Aliko Dangote Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters, oil marketers clarified on Monday. Dealers in the downstream oil sector also stated that the registration process for marketers at the refinery was still ongoing, as many operators had continued to register with the plant. It was further gathered that officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority were meeting with the management of the refinery to perfect the pricing template for products produced by the facility. On January 12, 2023, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. The President, Dangote Group, Aliko Dangote, had in a statement issued by the firm, said, “We have started the production of diesel and aviation fuel, and the products will be in the market within this mon

Climate Change: Here's How Climate Change Will Stress Your Homeland


Here's How Climate Change Will Stress Your Homeland
A child plays in the surf near where the roots of a palm tree are seen after the beach was eroded away in June 2018 in Dania Beach, Florida. Recent storms eroded the beach as municipalities try to figure out how to save the beaches as well as how to combat the consequences of sea level rise that threatens some of the coastal cities. Credit: Joe Raedle Getty Images

Yesterday’s landmark climate report offered a clearer picture of what’s already happened, where we’re headed and how the impacts of global warming will vary by region.

It’s the first time the report by the Intergovernmental Panel on Climate Change included specific regional information and a digital atlas that allows users to drill down into more local data.

“Climate change is already affecting every region of our planet, and every fraction of additional warming will increasingly affect every region in multiple ways,” said Valérie Masson-Delmotte, a co-chair of Working Group I, which produced the report.

“Policymakers will have a lot of information that they possibly didn’t have until this report came out, and they can assess more immediately what the picture is for their own countries and regions,” said Claudia Tebaldi, an earth scientist at the Pacific Northwest National Laboratory and author of the last chapter on regional impacts.

A third of the report is dedicated to regional climate information. Much of it focuses on what will have a direct impact on societies or ecosystems, like extreme heat or dry conditions. That information provides some additional reality for decisionmakers and allows for more practical applications, scientists said.

That chapter aims to better connect this report to one the IPCC’s Working Group II will put out next year on adaptation and vulnerability.

By taking a more granular approach, a clearer picture emerges, Tebaldi said.

“The IPCC tries to give the best information possible to policymakers,” she added. “By having such detail and such confidence in what is already happening as a consequence of climate change, the message is as compelling as can be.”

Masson-Delmotte said the authors were careful to explain the science in the clearest possible way in hopes it can be used to improve public understanding of climate shifts and so decision makers could develop responses.

Many global leaders sent out statements following the report’s release. U.S. climate envoy John Kerry vaguely but repeatedly called for action. British Prime Minister Boris Johnson, who will play host to a major global climate conference in just a few months, was more blunt.

“We know what must be done to limit global warming—consign coal to history and shift to clean energy sources, protect nature, and provide climate finance for countries on the front line,” he said.

Other leaders were mostly mum, including those from China and India, the world’s largest and third-largest emitters of greenhouse gases. Neither has submitted new targets that outline how they plan to boost their climate objectives, and many advocates and green groups are calling on them to deliver.

Meanwhile, some small island states like the Marshall Islands and Costa Rica, and smaller developing countries such as Ethiopia, have stepped up and adopted net-zero carbon targets and ambitious carbon-cutting pledges.

“Even though they’re the ones that are struggling the most to actually cope with the impacts of climate change,” said Helen Mountford, vice president for climate and economics at the World Resources Institute. “They stepped forward because they knew there was no alternative."

Mohamed Nasheed, former president of the Maldives and an ambassador for the 48-member state Climate Vulnerable Forum, echoed that sentiment in a tweet yesterday.

“This report is devastating news for the most climate-vulnerable countries like the Maldives," he wrote. "It confirms we are on the edge of extinction. Climate emergency is intensifying, we are on the front lines. Our nations are already battered by extreme climate.”

The report includes 11 regional fact sheets on areas including Africa, Europe, and North and Central America. It also includes polar regions, mountains, oceans and cities.

The fact sheets project impacts at 1.5, 2 and 4 degrees Celsius of average global warming and observed impacts, indicating that changes are already a reality.

Here's what the fact sheets say about impacts in five regions:

Heat will sweep through the region in the future, with greater heat extremes already evident. Fire seasons will be longer and stronger even as precipitation increases—what’s known as weather whiplash. Glaciers will decline as runoff accelerates in the coming decades. At the same time, sea-level rise is faster than the global average, leading to coastal land loss and heightened erosion.

In north Asia, increased precipitation will flood major Siberian rivers by 2050. South Asia will see more monsoon rainfall, while a combination of climate change, sinking land and human activity will spur floods that will engulf the Mekong Delta. Strong tropical cyclones that have grown more severe in East Asia will likely migrate toward the poles.

The mighty Himalayas, Swiss Alps and central Andes have already been warming. Glacial retreat, observed across almost all mountain ranges, has grown faster there since the 1990s. Even if temperatures stop rising, glaciers will continue to melt for at least several decades. That could drive runoff from larger glaciers.

Those changes and others will damage water supply, hydropower production, agriculture and forestry, and ecotourism. In the Caucasus, the wearing down of permafrost has made mountain slopes less stable. More heat and precipitation could increase landslides and floods caused by bursting dams that hold back glacial lakes in the mountains of Asia. In the Rocky Mountains, those lakes are likely to grow as glaciers melt.

Most of the region has seen greater warming than the global mean, with warming and extreme heat expected to continue rising. Sea levels will also rise in most places outside Alaska and the Hudson Bay, where coastlines are high above the water. 

Tropical cyclones and severe storms will likely become more extreme. Central and western North America, already witnessing more deadly wildfires, will see more blazes and drought as well as more extreme precipitation and flooding. The Caribbean and much of Central America will see continued droughts, too, but scientists anticipate a decline in rainfall.

Both the Greenland and Antarctica ice sheets have lost mass since the 1990s, with the highest rate of loss over the past decade. The Arctic has seen a rise in extreme heat events since 1979, and future warming that is projected to thaw Arctic permafrost could release more CO2 into the atmosphere. Current Arctic sea ice cover is at its lowest level since the mid-1800s. Before 2050, regardless of warming levels, the Arctic is projected to be practically ice free at least once during the summer months.

Temperatures will continue rising across island nations for all future emission scenarios, increasing heat extremes and heat stress. Meanwhile, the oceans surrounding these small nations will continue to warm, leading to further increases in sea levels.

Rising seas combined with storm surges and powerful waves will inundate coasts and likely drive salt water into aquifers that many communities depend on for water supplies. Small islands will likely face fewer but more intense tropical cyclones, with the exception of the central-north Pacific. Even under the lowest-emissions scenario, sea-level rise could average half a meter by the end of the century.


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